Inconsistent employee checks cause insider fraud concerns

(2 minutes to read)

A concerning level of inconsistency in background screening across the charity sector has been highlighted, with a lack of employment checks putting many organisations at risk of insider fraud.

Latest research has revealed that while the Charity Commission offers clear guidance around safeguarding and background checks, many of those responsible for vetting employees in the sector feel they risk operating in a silo.

According to the Sterling analysis (which included conversations with recruitment screening professionals from across multiple not-for-profit organisations), some expressed concerns that they have little to no connection with other experts in this field with whom they can share challenges or discuss best practice when it comes to carrying out right to work checks and other crucial employment screening activity.

Sterling is urging screening professionals to seek out expert advice in order to reduce the risks of hiring the wrong person.

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Steve Smith, managing director of Sterling EMEA, commented, “The growth of insider fraud in the charity sector is concerning to say the least. Given the great work that not-for-profits do for global communities and those in need, it’s disheartening to know that there are some individuals who would take advantage of these organisations and drain vital funds. However, it is possible to mitigate much of the risks by conducting the right checks on potential employees. Given that so many of those responsible for vetting staff in the charity arena feel as if they are working in silos, it’s perhaps no surprise that how candidates are screened is, in many instances, ad hoc or sporadic.

“As fraudsters become more sophisticated, charities themselves also need to be armed to protect their funds, and ultimately their brand from the likes of insider fraud.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
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  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
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If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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